New South Wales Outlook
Survey responses from NSW members on their thoughts to the policy changes include:
Policy

Yes

No

6.1%

93.8%

Carbon tax will increase percentage of customers
seeking energy efficient features when looking
to buy

75.5%

24.4%

Should Stamp Duty be abolished

75.0%

25.0%

Should Stamp Duty be replaced with a broad-based
land tax

10.6%

89.3%

Should Stamp Duty be replaced with death duties

4.1%

95.8%

Would support disposing of negative gearing

8.5%

91.4%

Support a carbon tax

Undecided

The exclusion of any of these proposed policy changes from the recently announced NSW state
budget may be an indication that the Government does not intend to take such matters any further.
It is hoped that the change in NSW Government will see some changes in planning policy to enable
developers to release more land at a more affordable development cost and reduce red tape.
There is, however, a budget loss to be recovered and this may impact on the ability of the new
Government to effectively move forward with their plans.